Definition:

Minimum Income Allowance

Income, as well as asset limits, must be met in order to qualify for Medicaid’s Long-Term Care benefits.  This is the allowed amount of income a person may have and still qualify for the benefit. You can use this link from the American Council on Aging to help you determine eligibility for Medicaid: www.medicaidplanningassistance.org

Follow Matt McCann On Social Media

Be informed of industry news and topics as they occur.